Inflation data remains sticky in the US which is pushing up bond yields everywhere, including Canada. Mortgage rates could be moving higher once again, mortgage renewals be aware. A recent report from RBC highlights that homeowners in Canada are four times wealthier than renters. Households are slowly depleting their savings.
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Canadian Homeowners are Four Times Wealthier than Renters
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Steve SaretskyCanadian Real EstateCanada Real EstateCanada Real Estate MarketCanada Real Estate Market UpdateVancouver Real EstateVancouver Real Estate MarketCanada Housing MarketVancouver Housing MarketVancouver Housing Market 2024Vancouver Housing Market Updateinflationcanada rate cutsbank of canada rate cutsbank of canada interest rateHousing MarketCanada Mortgage CrisisCanada Mortgage HikeCanada Rental MarketCanada Homeowners
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